PM Modi’s defence move to make India “world’s biggest military power”
41 Ordnance factories to be converted to 7 government-run corporate bodies.
Prime Minister Narendra Modi today said that 41 Ordnance factories will be converted into seven government-run corporate bodies, in a move to improve India’s defence sector. PM Modi said that “the goal is to make India the world’s biggest military power on its own”.
He said that a single-window system has been put in place instead of stagnant policies to develop India as a major producer of defence equipment. “Under the self-reliant India campaign, the country’s goal is to make India the world’s biggest military power on its own and development of modern military industry in India,” he said.
Defence Minister Rajnath Singh and representatives from defence industry associations were present.
The seven new defence companies that have been incorporated are Munitions India Limited (MIL), Armoured Vehicles Nigam Limited (AVANI), Advanced Weapons and Equipment India Limited (AWE India), Troop Comforts Limited (TCL), Yantra India Limited (YIL), India Optel Limited (IOL) and Gliders India Limited (GIL), it was reported.